TENOR CAPITAL MANAGEMENT Co., L.P. - Dec 26, 2023 Form 4 Insider Report for Revelstone Capital Acquisition Corp. (RCAC)

Role: 10%+ Owner
Signature: Tenor Capital Management Company, L.P., By: /s/ Robin Shah, Managing Member of its general partner, Tenor Management GP, LLC
Stock symbol: RCAC
Transactions as of: Dec 26, 2023
Transactions value $: -$14,561,910
Form type: 4
Date filed: 12/28/2023, 04:30 PM
Previous filing: Dec 11, 2023
Next filing: Mar 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCAC	Class A Common Stock, par value $0.0001 per share	Other	-$14.6M	-1.35M	-93.02%	$10.79	101K	Dec 26, 2023	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Persons elected to redeem 1,350,000 shares held by the Master Fund (as defined below) for cash.
F2	The securities reported herein are held by Tenor Opportunity Master Fund, Ltd. (the "Master Fund"). Tenor Capital Management Company, L.P. ("Tenor Capital") serves as the investment manager to the Master Fund. Robin Shah serves as the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

The Reporting Persons elected to redeem 1,350,000 shares held by the Master Fund (as defined below) for cash.

The securities reported herein are held by Tenor Opportunity Master Fund, Ltd. (the "Master Fund"). Tenor Capital Management Company, L.P. ("Tenor Capital") serves as the investment manager to the Master Fund. Robin Shah serves as the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.